Amazon.com denies free TV service rumors
On Thursday, The Wall Street Journal published an article about Amazon.com's plans for a free and ad-supported video and music streaming service. However, a company spokeswoman denied those rumors, according to Reuters.
Spokeswoman Sally Fouts said: "We have a video advertising business that currently offers programs like First Episode Free and ads associated with movie and game trailers, and we're often experimenting with new things. But we have no plans to offer a free streaming media service."
Amazon's TV service is currently packaged with its Prime service, which comes with a $99 yearly subscription fee. This service also has a two-day unlimited shipping perks, the report detailed.
Yesterday, Amazon announced that it will hold a press conference in New York to talk about its vide business. With Amazon VP of Kindle heading the event, many people think the e-commerce giant will announce a new set-top box service, according to VentureBeat.
In January, there were also rumors about Amazon discussing a TV streaming service with big media firms, the report added.